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    354 Main St Winchester, CT 06098
    Property profile & analytics

    354 Main St, Winchester, CT 06098

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    • Theaters & concert halls
    • 11,972 SF
    • 0.27 lot acres
    Historic Theater with Multiple Income For Sale
    $899,000
    11,972 SF

    Historic Theater with Multiple Income

    Unique commercial property with theater, restaurant, and bar.

    354 Main Street, Winchester, CT 6098
    View Listing
    Property ID
    US15-0234210
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gilson Cafe & Cinema / Cafe & Coffee Shop

    Property Details for 354 Main St

    Year built
    1928
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.27 lot acres
    Zone code
    TC
    Property type
    Theaters & concert halls
    APN
    WINC M:110 B:001 L:004
    APU
    WINCM110B001L004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 17, 2007 $1 Gilson Building Property Nero,alan M Grant Deed · related —
    Mar 8, 1990 — Alan M Nero — Deed Of Trust · related $60k · Winsted Savings Bank

    Description

    This exceptional commercial property at 354 Main Street, Winchester, Connecticut presents a rare investment opportunity. The 11,972 square foot building sits on a 0.27-acre lot and is currently configured as a unique dual-theatre complex with a built-in restaurant and lounge bar. The two theatres boast a combined seating capacity of 200 guests, offering a distinctive entertainment experience that includes food and beverage service. The property benefits from recent significant upgrades, including a $200,000 fire sprinkler system installation and a brand new $30,000 digital marquee, ensuring both safety and modern appeal. The building's Town Center (TC) zoning allows for considerable flexibility in future uses, opening doors to a variety of business ventures beyond its current configuration. Imagine the possibilities: continue operating as a thriving entertainment venue, or explore alternative uses within the versatile space. This property offers a compelling blend of established infrastructure and significant potential for growth, making it an ideal acquisition for discerning investors seeking a unique and high-impact commercial investment in a desirable Connecticut location. The asking price is $950,000.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Winsted
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.0696
    Latitude
    41.9214
    CBSA code
    45860
    CBSA name
    TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,289
    $45,850
    $344,050
    $389,900
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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